Investing · Western classics

Adam Smith:The Wealth of Nations, Book II, Chapter II, Paragraph 793

Adam Smith《The Wealth of Nations》· Book II, Chapter II · Investing

The dividend of the bank has varied according to the variations in the rate of the interest which it has, at different times, received for the money it had advanced to the public, as well as according to other circumstances. This rate of interest has gradually been reduced from eight to three per cent. For some years past, the bank dividend has been at five and a half per cent.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book II, Chapter II, paragraph 793 · Verified:2026-10-19 · Verification:Exact match

This is a direct reading: the original and source are kept; commentary will be added later.

Today's question

Does this passage change one judgment about money or risk today?

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